Winner of the 2012 Zayed Future Energy Prize

1. Winner of the 2012 Zayed Future Energy Prize

2. Agenda • Introduction • Requirements • Challenges ahead

3. Thank you BRAG

4. Carbon What?

5. Introduction – CDP Accelerate solutions to climate change and water management by putting relevant information at the heart of business, policy and investment decisions. Investors Signatories to the Carbon Disclosure Project

6. Introduction – CDP “CDP is to the future of business what the X-ray was to the then-future of medicine — without it, we would never have seen the insides of the patient's health.” Number of companies disclosing to CDP (Investor + Supply Chain) Christiana Figueres Executive Secretary of the UN Framework Convention on Climate Change (UNFCCC)

7. CDSB – Climate Disclosure Standards Board Created at WEF Davos (2007), Secretariat provided by CDP Mission: promote and advance standardized disclosure of climate change-related information in mainstream reports (Integrated Reporting)

8. Climate Change Disclosure Assessment and transparency of risks across the board helps to prevent systemic risks to the global financial (& economic) system

9. Requirements Compliant with: • Latest XBRL specification • ITA and Global Manual Filling • CDP + CDSB + • minimize maintenance efforts • maximize easy of delivery for main use cases

10. Requirements Input: • capture all climate related “high-level” concepts • document all concepts • allow linking to other taxonomies (namely financial) • be extensible

11. Requirements Usability: • languages: English, Japanese, Chinese, Spanish, Portuguese • allow for enumeration lists to be extended (LOV&LOV+) • allow for “question pathways”

12. Requirements Output: • validation rules • compatible with existent analytical solutions • transformable to and from current CDP XML format (transition period) Currently documenting several use cases

13. Requirements – implementation example (1) CDP +CDSB compliance • CDP: 12 years; web form based collection system ; structured data; detailed guidance; > 4000 instances submitted • CCRF: 2 year; standard for integrating material climate change information into mainstream fillings; principles and criteria; no detailed data structure; limited adoption;

14. Requirements – implementation example LOV List of Values • Some LOV have been transformed into dimensions

15. Requirements – implementation example • CDP • CCRT

16. Requirements – implementation example Other LOV are a reporting facts

17. Requirements – implementation example For LOV that are reporting facts, we would like: Extensibility; Ability to provide context; Translation capability;

18. Requirements – implementation example Proposed solution Extension of LOV done through relationships of element definitions, like dimensions Reporting concept must have a type Qname that have one of the concepts in the relationships Defining an entity of type “LOV” that links to other (abstract) elements, e.g. • <Magnitude of Impact> • <High> • <Medium-High> • <Medium> • <Medium-Low> • <Low> • <Unknown>

19. Challenges ahead How to work without mandates?

20. Challenges ahead Data entry

21. Challenges ahead Taxonomy development: Water Forests Cities Sector reporting Integrated reporting

22. Challenges ahead Supply chain Taxonomy(ies) Security Sharing data (re) Calculations + traceability

23. THANK YOU!pedro.faria@cdproject.net Winner of the 2012 Zayed Future Energy Prize